GIWA Confirms Fake Mainnet as Bridge Moves More Than 766 Ether
The project warned users to avoid unofficial RPCs, bridges and contracts while investigators trace funds across multiple addresses.
GIWA confirmed Sunday that the so-called GIWA Mainnet was a fake chain built by scammers, while a related bridge received more than 766 Ether (ETH) and moved the funds across multiple addresses.
The project warned users not to use unofficial remote procedure calls, bridges or contracts, and not to transfer funds to related addresses until further notice.
The bridge first sent the funds to an address ending in 4134. They later moved to addresses ending in 6b60 and 3da4, with transfers still continuing at the time of the warning.
The incident followed community trading activity involving $GIWACAT and $FAKER after false information about the bridge and RPC services circulated in a DYOR group. A related market was subsequently deployed, and funds entered the market to buy $FAKER.
GIWA said it has contacted a professional security team to trace the on-chain fund flows. The project is also preserving chat records, RPC information, bridge addresses and transaction records.
The project will announce the eligibility criteria, verified losses and compensation scope after the investigation is completed. Projects using the OP Stack should verify that Ethereum-side rollup contracts are authentic and confirm that RPC endpoints come from official websites or trusted partners.
